Civeo corporation announces renewal of share repurchase authorization

Houston & calgary, alberta--(business wire)--civeo corporation (nyse: cveo) announced today that its board of directors has renewed its share repurchase authorization for the company to repurchase up to 5% of its total common shares outstanding over the next twelve months. civeo may repurchase shares through open market repurchases and/or privately negotiated transactions, and intends to fund repurchases through cash on hand and cash generated from operations. the timing, price and quantity of.
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